A session by Stephen Deason, Member Of The Board Of Advisors, Vinix on the topic of 'ML Will Redesign, Not Replace, Jobs' at InterCon USA 2019, held at Caesars Palace, Las Vegas on 18-20 June, 2019.
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OPARASA RECOVERY IS FREEDOM
Machine Learning
Kurzweil – A Futurist
1
Faster Computing Faster
Innovation
2 Faster Solutions to Hard Problems
3
Disease, Hunger, Energy, etc. =
SOLVED
4
Immortality + Bodies become
Obsolete
5 One interconnected Hive Mind
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Leads to…
The Singularity!
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OPARASA RECOVERY IS FREEDOM
JK – Well, maybe…
Q&A
Really, I just wanted to see if I could shock you into wakefulness….
3Copyright @ 2019 OPARASA
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OPARASA RECOVERY IS FREEDOM
Scott Raba opened Tuesday morning by discussing security breaches
related to phishing. Dr. GP followed with Reinforcement Learning.
Let’s tie back to Day 1
Whether we use Supervised Learning, Unsupervised Learning, or
Reinforcement Learning to help with this task isn’t nearly as relevant
as…
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Changes in technology changes in the way we interact.
And, as inherently social creatures, this drives changes in the ways
we work and live.
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OPARASA RECOVERY IS FREEDOM
What’s the trend between wages and production telling us?
Let’s play (Macro)
Economics
ML Functions are Utility Functions
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Future Scenarios, Frameworks, Foundations, and Accelerators
New Power Dynamics
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OPARASA RECOVERY IS FREEDOM
1947 to 2009
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Around 1980, we see a significant
disconnect between:
1. Productivity
&
2. Wages
We, humans, fuss about this…
A LOT!
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OPARASA RECOVERY IS FREEDOM
What’s the trend
between wages and
production telling us?
The delta between
wages and
production is likely to
accelerate.
The reason
is…technology.Copyright @ 2019 OPARASA
What does this have to do with
Reinforcement Learning (and where’s
the cool math already)?
This is the Bellman Equation:
Which is just an Utility Function:
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OPARASA RECOVERY IS FREEDOM
…Are ALL just Utility Functions
Machine Learning
Functions
Utility Functions (behavioral economics) take four types of input:
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Form, Time, Place, Possession (more information in the notes)
Utility (Form, Time, Place, Possession) = Happiness
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OPARASA RECOVERY IS FREEDOM
What are all the inputs to
this “Happiness”
Function?
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There are a TON of them...
How about another futurist with some example
inputs…
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OPARASA RECOVERY IS FREEDOM
What are all the inputs to
this “Happiness”
Function?
11Copyright @ 2019 OPARASA
There are a TON of them...
How about another futurist with some example
inputs…
And, some sample jobs
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OPARASA RECOVERY IS FREEDOM
To Summarize
16Copyright @ 2019 OPARASA
We are a looong way from being replaced.
We are entering a time of unprecedented change, and
unprecedented opportunities.
Machine Learning has us on the brink of the greatest period
of job creation in human history. ML will create more space
for humanness in our work, and generate greater utility
(happiness)….
Changes in technology lead to changes in the way we interact and, as social creatures, to changes in the way we work and live.
When Scott Raba opened Tuesday morning, he discussed security breaches related to phishing. This is probably a perfect task for ML to handle. Whether we’re going to use Supervised Learning, Unsupervised Learning, or Reinforcement Learning to help with this task isn’t nearly as relevant as the fact that phishing did not exist before we had email and computer systems to hack. Both Scott and Dr. GP have jobs related to technologies that put mail carriers and night watchmen out of business, or at least reduced the need for these as forms of skilled labor.
Changes in technology lead to changes in the way we interact and, as social creatures, to changes in the way we work and live.
When Scott Raba opened Tuesday morning, he discussed security breaches related to phishing. This is probably a perfect task for ML to handle. Whether we’re going to use Supervised Learning, Unsupervised Learning, or Reinforcement Learning to help with this task isn’t nearly as relevant as the fact that phishing did not exist before we had email and computer systems to hack. Both Scott and Dr. GP have jobs related to technologies that put mail carriers and night watchmen out of business, or at least reduced the need for these as forms of skilled labor.
How about a quick digression into the underlying mathematics. I promise this will be brief…I do not promise that it won’t be painful.
The fundamental equations that model Reinforcement Learning, for example, are the Bellman Optimality Equations. Without getting into the underlying mathematics, we remove the infinite sums using a discount factor, and we look to define and describe a dynamic program method utility (over a finite agent lifetime) which we define as the expected sum of the immediate reward and the long-time reward under the best possible policy. We do some math magic, and we pop out a Utility function with present value and future value expressed in a manner that is tractable.
OK, you got my attention with the cool math, but I’m a leader. So what?
Form
The utility of form refers to the specific product or service that a company offers. For example, a manufacturing firm might offer the raw material of rubber in the form of automobile tires.
A company engages in research to pinpoint exactly what products or services consumers desire and then attempts to offer what the company's management believes is the best possible form of the specific product or service that is needed or desired by potential customers.
This aspect of form utility includes offering consumers lower costs, greater convenience or a wider selection of products. All of these efforts by a company are aimed at maximizing the perception of the added value the company offers.
Time
The utility of time refers to easy availability of products or services at the time when customers need or want to purchase them. Addressing the utility of time involves a company's business plan and the logistical planning of manufacturing and delivery issues.
For service providers, time utility is addressed by seeking to make services available at the times that they are most necessary or desirable for consumers. It includes considering the hours and days of the week a company chooses to make its services available. The goal is to offer potential customers an added value. A time element such as 24-hour availability might be a value that a company chooses to offer.
Place
The utility of place refers primarily to making goods or services readily and conveniently available to potential customers. Examples of place utility range from a retail store's location to how easy a company's website or services are to find on the Internet.
Increasing convenience for customers can be a key element in attracting business. A company that offers easy access to technical assistance, for example, offers an added value in comparison to a similar company that does not offer similar ease of access. Making a product available in a wide variety of stores and locations is considered an added value addressing the issue of consumer convenience.
Possession
The utility of possession refers to the benefit customers derive from ownership of a company's product once they have purchased it. For example, if a company sells headphones, then it offers customers an added value in listening to music available through using the headphones to improve the functionality of a stereo system. Offering favorable financing terms toward ownership is another way a company might choose to improve the value of possessing its products.
Form
The utility of form refers to the specific product or service that a company offers. For example, a manufacturing firm might offer the raw material of rubber in the form of automobile tires.
A company engages in research to pinpoint exactly what products or services consumers desire and then attempts to offer what the company's management believes is the best possible form of the specific product or service that is needed or desired by potential customers.
This aspect of form utility includes offering consumers lower costs, greater convenience or a wider selection of products. All of these efforts by a company are aimed at maximizing the perception of the added value the company offers.
Time
The utility of time refers to easy availability of products or services at the time when customers need or want to purchase them. Addressing the utility of time involves a company's business plan and the logistical planning of manufacturing and delivery issues.
For service providers, time utility is addressed by seeking to make services available at the times that they are most necessary or desirable for consumers. It includes considering the hours and days of the week a company chooses to make its services available. The goal is to offer potential customers an added value. A time element such as 24-hour availability might be a value that a company chooses to offer.
Place
The utility of place refers primarily to making goods or services readily and conveniently available to potential customers. Examples of place utility range from a retail store's location to how easy a company's website or services are to find on the Internet.
Increasing convenience for customers can be a key element in attracting business. A company that offers easy access to technical assistance, for example, offers an added value in comparison to a similar company that does not offer similar ease of access. Making a product available in a wide variety of stores and locations is considered an added value addressing the issue of consumer convenience.
Possession
The utility of possession refers to the benefit customers derive from ownership of a company's product once they have purchased it. For example, if a company sells headphones, then it offers customers an added value in listening to music available through using the headphones to improve the functionality of a stereo system. Offering favorable financing terms toward ownership is another way a company might choose to improve the value of possessing its products.
Form
The utility of form refers to the specific product or service that a company offers. For example, a manufacturing firm might offer the raw material of rubber in the form of automobile tires.
A company engages in research to pinpoint exactly what products or services consumers desire and then attempts to offer what the company's management believes is the best possible form of the specific product or service that is needed or desired by potential customers.
This aspect of form utility includes offering consumers lower costs, greater convenience or a wider selection of products. All of these efforts by a company are aimed at maximizing the perception of the added value the company offers.
Time
The utility of time refers to easy availability of products or services at the time when customers need or want to purchase them. Addressing the utility of time involves a company's business plan and the logistical planning of manufacturing and delivery issues.
For service providers, time utility is addressed by seeking to make services available at the times that they are most necessary or desirable for consumers. It includes considering the hours and days of the week a company chooses to make its services available. The goal is to offer potential customers an added value. A time element such as 24-hour availability might be a value that a company chooses to offer.
Place
The utility of place refers primarily to making goods or services readily and conveniently available to potential customers. Examples of place utility range from a retail store's location to how easy a company's website or services are to find on the Internet.
Increasing convenience for customers can be a key element in attracting business. A company that offers easy access to technical assistance, for example, offers an added value in comparison to a similar company that does not offer similar ease of access. Making a product available in a wide variety of stores and locations is considered an added value addressing the issue of consumer convenience.
Possession
The utility of possession refers to the benefit customers derive from ownership of a company's product once they have purchased it. For example, if a company sells headphones, then it offers customers an added value in listening to music available through using the headphones to improve the functionality of a stereo system. Offering favorable financing terms toward ownership is another way a company might choose to improve the value of possessing its products.
Form
The utility of form refers to the specific product or service that a company offers. For example, a manufacturing firm might offer the raw material of rubber in the form of automobile tires.
A company engages in research to pinpoint exactly what products or services consumers desire and then attempts to offer what the company's management believes is the best possible form of the specific product or service that is needed or desired by potential customers.
This aspect of form utility includes offering consumers lower costs, greater convenience or a wider selection of products. All of these efforts by a company are aimed at maximizing the perception of the added value the company offers.
Time
The utility of time refers to easy availability of products or services at the time when customers need or want to purchase them. Addressing the utility of time involves a company's business plan and the logistical planning of manufacturing and delivery issues.
For service providers, time utility is addressed by seeking to make services available at the times that they are most necessary or desirable for consumers. It includes considering the hours and days of the week a company chooses to make its services available. The goal is to offer potential customers an added value. A time element such as 24-hour availability might be a value that a company chooses to offer.
Place
The utility of place refers primarily to making goods or services readily and conveniently available to potential customers. Examples of place utility range from a retail store's location to how easy a company's website or services are to find on the Internet.
Increasing convenience for customers can be a key element in attracting business. A company that offers easy access to technical assistance, for example, offers an added value in comparison to a similar company that does not offer similar ease of access. Making a product available in a wide variety of stores and locations is considered an added value addressing the issue of consumer convenience.
Possession
The utility of possession refers to the benefit customers derive from ownership of a company's product once they have purchased it. For example, if a company sells headphones, then it offers customers an added value in listening to music available through using the headphones to improve the functionality of a stereo system. Offering favorable financing terms toward ownership is another way a company might choose to improve the value of possessing its products.
Form
The utility of form refers to the specific product or service that a company offers. For example, a manufacturing firm might offer the raw material of rubber in the form of automobile tires.
A company engages in research to pinpoint exactly what products or services consumers desire and then attempts to offer what the company's management believes is the best possible form of the specific product or service that is needed or desired by potential customers.
This aspect of form utility includes offering consumers lower costs, greater convenience or a wider selection of products. All of these efforts by a company are aimed at maximizing the perception of the added value the company offers.
Time
The utility of time refers to easy availability of products or services at the time when customers need or want to purchase them. Addressing the utility of time involves a company's business plan and the logistical planning of manufacturing and delivery issues.
For service providers, time utility is addressed by seeking to make services available at the times that they are most necessary or desirable for consumers. It includes considering the hours and days of the week a company chooses to make its services available. The goal is to offer potential customers an added value. A time element such as 24-hour availability might be a value that a company chooses to offer.
Place
The utility of place refers primarily to making goods or services readily and conveniently available to potential customers. Examples of place utility range from a retail store's location to how easy a company's website or services are to find on the Internet.
Increasing convenience for customers can be a key element in attracting business. A company that offers easy access to technical assistance, for example, offers an added value in comparison to a similar company that does not offer similar ease of access. Making a product available in a wide variety of stores and locations is considered an added value addressing the issue of consumer convenience.
Possession
The utility of possession refers to the benefit customers derive from ownership of a company's product once they have purchased it. For example, if a company sells headphones, then it offers customers an added value in listening to music available through using the headphones to improve the functionality of a stereo system. Offering favorable financing terms toward ownership is another way a company might choose to improve the value of possessing its products.
Form
The utility of form refers to the specific product or service that a company offers. For example, a manufacturing firm might offer the raw material of rubber in the form of automobile tires.
A company engages in research to pinpoint exactly what products or services consumers desire and then attempts to offer what the company's management believes is the best possible form of the specific product or service that is needed or desired by potential customers.
This aspect of form utility includes offering consumers lower costs, greater convenience or a wider selection of products. All of these efforts by a company are aimed at maximizing the perception of the added value the company offers.
Time
The utility of time refers to easy availability of products or services at the time when customers need or want to purchase them. Addressing the utility of time involves a company's business plan and the logistical planning of manufacturing and delivery issues.
For service providers, time utility is addressed by seeking to make services available at the times that they are most necessary or desirable for consumers. It includes considering the hours and days of the week a company chooses to make its services available. The goal is to offer potential customers an added value. A time element such as 24-hour availability might be a value that a company chooses to offer.
Place
The utility of place refers primarily to making goods or services readily and conveniently available to potential customers. Examples of place utility range from a retail store's location to how easy a company's website or services are to find on the Internet.
Increasing convenience for customers can be a key element in attracting business. A company that offers easy access to technical assistance, for example, offers an added value in comparison to a similar company that does not offer similar ease of access. Making a product available in a wide variety of stores and locations is considered an added value addressing the issue of consumer convenience.
Possession
The utility of possession refers to the benefit customers derive from ownership of a company's product once they have purchased it. For example, if a company sells headphones, then it offers customers an added value in listening to music available through using the headphones to improve the functionality of a stereo system. Offering favorable financing terms toward ownership is another way a company might choose to improve the value of possessing its products.
Form
The utility of form refers to the specific product or service that a company offers. For example, a manufacturing firm might offer the raw material of rubber in the form of automobile tires.
A company engages in research to pinpoint exactly what products or services consumers desire and then attempts to offer what the company's management believes is the best possible form of the specific product or service that is needed or desired by potential customers.
This aspect of form utility includes offering consumers lower costs, greater convenience or a wider selection of products. All of these efforts by a company are aimed at maximizing the perception of the added value the company offers.
Time
The utility of time refers to easy availability of products or services at the time when customers need or want to purchase them. Addressing the utility of time involves a company's business plan and the logistical planning of manufacturing and delivery issues.
For service providers, time utility is addressed by seeking to make services available at the times that they are most necessary or desirable for consumers. It includes considering the hours and days of the week a company chooses to make its services available. The goal is to offer potential customers an added value. A time element such as 24-hour availability might be a value that a company chooses to offer.
Place
The utility of place refers primarily to making goods or services readily and conveniently available to potential customers. Examples of place utility range from a retail store's location to how easy a company's website or services are to find on the Internet.
Increasing convenience for customers can be a key element in attracting business. A company that offers easy access to technical assistance, for example, offers an added value in comparison to a similar company that does not offer similar ease of access. Making a product available in a wide variety of stores and locations is considered an added value addressing the issue of consumer convenience.
Possession
The utility of possession refers to the benefit customers derive from ownership of a company's product once they have purchased it. For example, if a company sells headphones, then it offers customers an added value in listening to music available through using the headphones to improve the functionality of a stereo system. Offering favorable financing terms toward ownership is another way a company might choose to improve the value of possessing its products.